Vibra Hospital Of Western Massachuse
dba Vibra Hospital Of Western Massachusetts ·
Springfield, Hampden County, MA
· CCN 222046
Licensed to Vibra Hospital Of Western Massachusetts Llc
Composite
68.6
rank score
Distress
100
FY2024
Fit
59
vs thesis
Estimated ticket
$16.2M–$64.7M
77 beds ·
within envelope
Ownership
for-profit
LTCH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- current ratio below 0.8
- liabilities exceed assets
- occupancy below 30%
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- LTCH — distress here is a payment-model artifact
- bed count in the target band
- ticket size somewhat below the envelope
- very low occupancy — limited volume to learn from
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $10.8M |
| Operating margin | -48.0% |
| Total margin | -44.9% |
| Days cash on hand | 0 |
| Current ratio | 0.30 |
| Occupancy | 29% |
Facility
| Beds | 77 |
| Facility type | LTCH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $210K |
| Per-bed (high) | $840K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 77 | $24.0M | $-990K | -11.8% | -3.8% | 0 | 0.40 | 75% | 340 | 87 |
| 2022 | 77 | $26.2M | $938K | -4.8% | 3.3% | 0 | 0.42 | 78% | 347 | 62 |
| 2023 | 77 | $24.3M | $-3.2M | -18.6% | -12.3% | 0 | 0.35 | 74% | 326 | 91 |
| 2024 | 77 | $10.8M | $-5.0M | -48.0% | -44.9% | 0 | 0.30 | 29% | 242 | 100 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Babacar Diop | w-2 managing employee | 100 | 2021-05 | |
| Mpt Of Rochdale - Vibra, Llc | 5% or greater security interest | 100 | 2019-08 | |
| Vibra Healthcare Ii, Llc | 5% or greater indirect ownership interest | 100 | 2013-09 | |
| Brad Hollinger | 5% or greater indirect ownership interest | 77 | 2013-09 | |
| Brad Hollinger | corporate officer | 2013-09 | ||
| Credit Suisse Ag | 5% or greater security interest | 2020-07 | ||
| David Hauck | corporate officer | 2018-10 | ||
| Kelly Hollinger | corporate officer | 2020-03 | ||
| Marie Yigle-Kaljob | w-2 managing employee | 2021-08 | ||
| Nathan Arbouet | w-2 managing employee | 2014-12 | ||
| Trisha Niemuth | corporate officer | 2022-01 | ||
| Vibra Holdings One Llc | other | 2013-09 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.